SAGINAW — The city of Saginaw signed a contract with Plante & Moran to oversee the city’s books while it looks for a new finance director. The council will pay the company $73,200 for the year. It also hired a firm to perform a search for a new finance director.

The previous director resigned and the city expects to name a new director in July.

The city is also looking at hiring Plante & Moran to operate its controller’s office, which processes payrolls and checks, and supervises its annual audit. The move is expected to save the city $150,000, according to The Saginaw News. “Our audit costs have been exorbitant. That’s a cycle that needs to be broke,” City Manager Darnell Earley told The News.